Enter into an option contract to buy your replacement property4.

@Julia Trudeau,With self-directed 401k you have virtually unlimited investment options.

The downside of course is that you cannot take advantage of the lower down payment option.

As you scale, there are software tools, but right now that shouldn't be your primary concern.Another option is you can self manage, but use a PM for leasing.

I wanted to start this post to ask others about how they source new deals for multifamily properties and single-family homes, specifically in the southeast.

I am currently looking at buying a new construction home as a long term rental property. sales price $214000. first my lender told me I can do 0 down. and I am really excited about this deal. but later he told me that am not qualified for 0 down because of my income. the other option is that I can do fha with 3.5% down, 6.125% interest rate. cash to close is $14000. my monthly payment is around $1575-$1590.it can at least rent for $1700 as a long term rental property.

(Here we go.)I asked what he did in real estate specifically and Frank said he, “sources funds for real estate.”

I just received a letter stating that the only option they would offer me is a short-sale and that I was not eligible for a forbearance since I indicated I was interested in selling the home. 

While my main role involves sourcing off-market properties, I want to make it clear that this isn't a sales pitch.

Repair and replace might be the most affordable option.